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re: House Mortgage Question
Posted on 4/11/24 at 9:27 am to Double Oh
Posted on 4/11/24 at 9:27 am to Double Oh
Not certain if they have the time or the patience; however, there is a program out there that's really good for first time home buyers. A full point is taken off of the interest rate and there is no down payment required.
I used them many years ago for my first home; however, there is a process. They use the current rent as a baseline to determine current home affordability. Any delta b/w the two they advise having 6 months of that in the bank. Given the 20% mentioned, I don't see how they won't have that.
Program is NACA.com. Not sure if there is an office in their location, but it's worth a look.
I used them many years ago for my first home; however, there is a process. They use the current rent as a baseline to determine current home affordability. Any delta b/w the two they advise having 6 months of that in the bank. Given the 20% mentioned, I don't see how they won't have that.
Program is NACA.com. Not sure if there is an office in their location, but it's worth a look.
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